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What is Crypto Mining?

Today, there are at least 1 million miners for Bitcoin alone. How is this all happening? What role is the miner playing? And how might this change the landscape of computing in the future?.....»»

Category: topSource:  techspotAug 18th, 2021

Using microbes to get more out of mining waste

Researchers have developed a new mining technique which uses microbes to recover metals and store carbon in the waste produced by mining. Adopting this technique of reusing mining waste, called tailings, could transform the mining industry and create.....»»

Category: topSource:  physorgRelated NewsApr 27th, 2023

Separating mining explosions from earthquakes in South Korea

South Korea is a relatively quiet country, seismically speaking, but a recent study identified more than 182,000 small seismic events—135,000 of which were related to mining explosions, according to a presentation at the Seismological Society of Am.....»»

Category: topSource:  physorgRelated NewsApr 20th, 2023

Intel unceremoniously dumps its year-old Blockscale chips for bitcoin mining

ASICs were meant to mine "without compromising the supply of new CPUs or GPUs." Enlarge (credit: Intel) In April 2022, Intel announced a new Blockscale series of application-specific integrated circuits (ASIC) meant for.....»»

Category: topSource:  arstechnicaRelated NewsApr 18th, 2023

Tactics that make crypto giveaway scams so successful

The illicit market for crypto giveaway scams has expanded, offering various services to facilitate fraudulent activity. The proliferation of fake crypto giveaways can be attributed to the increased availability of tools for scammers, even those with.....»»

Category: securitySource:  netsecurityRelated NewsApr 14th, 2023

FTX has recovered $7.3 billion, tells court “the dumpster fire is out”

Crypto exchange could be restarted: "Situation has stabilized," FTX lawyer says. Enlarge / Not the actual FTX headquarters. (credit: Getty Images | guenterguni) FTX's new leadership has recovered $7.3 billion in assets a.....»»

Category: topSource:  arstechnicaRelated NewsApr 13th, 2023

Some states want to give you a constitutional right to a clean environment

New Mexico's budget relies heavily on oil and gas revenue, but the state also bears the scars of generations of mining and drilling. So when Antoinette Sedillo Lopez, a former law professor and current Democratic state senator, heard about the moveme.....»»

Category: topSource:  physorgRelated NewsApr 12th, 2023

ChatGPT just created malware, and that’s seriously scary

A self-professed programming novice has reported to create a powerful data-mining malware using just ChatGPT prompts, all within a span of a few hours......»»

Category: topSource:  digitaltrendsRelated NewsApr 7th, 2023

3CX supply chain attack is now also hitting crypto companies

Lazarus is specifically targeting crypto firms, infecting several companies with unique backdoors......»»

Category: topSource:  pcmagRelated NewsApr 4th, 2023

UN body mulls deep sea mining amid demand for minerals

Pressure is mounting on an obscure U.N. body based in Jamaica to hit pause on plans to potentially open the world's deep seas to mining as companies push for permission to extract metals from seabeds in international waters......»»

Category: topSource:  physorgRelated NewsApr 1st, 2023

BMW bets on design and recycling, not mining, to lower battery costs

Bringing down battery costs, most of which come from raw materials, is the key challenge for carmakers attempting to generate profits from EVs equivalent to those from combustion engine cars......»»

Category: topSource:  autonewsRelated NewsMar 31st, 2023

YouTube "crypto influencers" shown to have short-term impact on small-cap trading

The price and trading volume of lower value crypto coins and tokens are being impacted by "crypto influencers" on YouTube, but only in the very short-term, according to a study involving the Center for Finance, Technology and Society at Nottingham Bu.....»»

Category: topSource:  pcmagRelated NewsMar 30th, 2023

SBF paid $40M bribe to unfreeze crypto trading accounts in China, US charges

SBF bribe violated US Foreign Corrupt Practices Act, updated indictment says. Enlarge / Then-CEO of FTX Sam Bankman-Fried speaks during a House Committee on Financial Services hearing on December 8, 2021, in Washington, DC. (cred.....»»

Category: topSource:  arstechnicaRelated NewsMar 28th, 2023

US agency sues top crypto exchange Binance and CEO, seeks permanent trading bans

CFTC: Binance and execs operate an "illegal digital asset derivatives exchange." Enlarge / Binance founder and CEO Changpeng Zhao at the Web Summit 2022 conference in Lisbon, Portugal. (credit: Getty Images | Ben McShane ).....»»

Category: topSource:  arstechnicaRelated NewsMar 28th, 2023

Binance accused of breaking US financial laws

US regulators seek a ban on the crypto platform as they ramp up their regulation of the industry......»»

Category: hdrSource:  bbcRelated NewsMar 28th, 2023

Damage caused by deep-seabed mining would be extensive and irreversible, reveals updated report

A new report published by Fauna & Flora reveals growing evidence of the risks associated with deep-seabed mining—including that its negative impacts are likely to be extensive and irreversible. Once lost, deep-sea biodiversity will be impossible to.....»»

Category: topSource:  physorgRelated NewsMar 28th, 2023

Automakers join diverse coalition urging Congress to speed up energy-related permitting

In a letter sent Monday to congressional leaders, the groups called on lawmakers to pass "meaningful and durable" legislation that would modernize the permitting process for a variety of domestic energy projects, including critical mineral mining......»»

Category: topSource:  autonewsRelated NewsMar 27th, 2023

Automakers join diverse coalition urging Congress to speed up permitting

In a letter sent Monday to congressional leaders, the groups called on lawmakers to pass "meaningful and durable" legislation that would modernize the permitting process for a variety of domestic energy projects, including critical mineral mining......»»

Category: topSource:  autonewsRelated NewsMar 27th, 2023

Interpol confirms arrest of crypto fugitive Do Kwon in Montenegro

Interpol says a man arrested in Montenegro is Kwon Do-hyeong, also known as Do Kwon, the disgraced founder of a collapsed crypto company who is wanted in South Korea and the United States on fraud and other charges......»»

Category: topSource:  cnnRelated NewsMar 24th, 2023

Fugitive crypto boss believed arrested in Montenegro

Terraform Labs' Do Kwon has also been charged with fraud by US prosecutors......»»

Category: hdrSource:  bbcRelated NewsMar 24th, 2023

Unions balk at Biden plan for mineral trade deals with EU, Japan

U.S. labor unions are pushing back on White House efforts to allow European Union and Japanese firms mining and processing critical minerals to tap some of the lucrative subsidies available in the Biden administration's massive climate law, fearing t.....»»

Category: topSource:  autonewsRelated NewsMar 23rd, 2023